Paying for Your Education
The cost of a social work degree may seem daunting, but with the help of NYU Silver’s Scholarship and Financial Education Office, many students have found that it is well within their reach.
With a proactive approach to financial education and financial literacy, we provide both current and incoming students with the information necessary to understand all of the possible ways to fund their education. Our counselors offer general advisement, workshops, and presentations that focus on options for paying tuition, the borrowing process, and how to manage student loan debt. By providing accurate and transparent information regarding the direct and indirect costs of attending NYU Silver, we offer students a clear picture of the financial commitment to obtain their degree.
Please use the sidebar menu to find specific information about the costs, scholarship, and financial aid opportunities for the degree you are pursuing.
Connect with Us
To learn more, you can schedule a virtual appointment or reach our counselors via email at firstname.lastname@example.org or at (212) 998-5910.
Financial Aid and Education Tools
Preparing a plan for how you will pay for your social work education is essential, as this will allow you to focus on your studies. Regardless of the degree you are seeking, below are some tools to help get you started.
To be considered for financial aid and/or one of NYU Silver's named scholarship awards, students must complete the FAFSA for each academic year they study at NYU Silver. Instructions are available on the FAFSA website. If students need assistance filling out the FAFSA, they should call the Federal Student Aid Center at 1-800-433-3243 for live support. Counselors in the NYU Office of Financial Aid are also available to assist students in completing the FAFSA. While there is no deadline for the FAFSA, it is recommended that students fill out the forms as quickly as possible to determine their financial aid status.
The NYU school code for the FAFSA is 002785.
For more information about federal financial aid, please visit the NYU Office of Financial Aid.
iGrad is a financial education platform that provides you access to the tools necessary to be successful with contemporary personal finance. iGrad offers the NYU community free resources on topics such as budgeting, credit scores, managing debt, spending less, taxes, and more.
Students may visit Federal Student Aid any time to view all of their federal student loan information in their online dashboard. Individuals can also add a loan amount to the summary that is not displayed, such as a private loan.
Each direct loan you obtain is assigned to a federal loan servicer for handling payments and other administrative functions.
Here is a quick overview of what to expect in regard to repayment.
If you are in repayment for federal student loans and you matriculate into our MSW, DSW, or PhD program, you can request to defer your loan payments while you are a graduate student. Students interested in a loan deferment should contact the NYU Office of Financial Aid and submit a Loan Deferment Request Form.
Working in the public service sector (such as social work) may allow you to cancel some of your loan debt through Public Service Loan Forgiveness. You can read more about this on the US Department of Education website.
New York State provides tuition remission (up to $26,000) for those who work for qualified organizations, including MSW graduates working in critical human service areas. The NYS Licensed Social Worker Loan Forgiveness Program is dedicated to increasing the number of licensed social workers in high-need areas, including health, mental health, substance abuse, aging, HIV/AIDS, and child welfare, as well asthose working in communities with multilingual needs. For more information about loan forgiveness for social workers, refer to the NASW and NYS Higher Education Services Corporation